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The study covers the long last-lasting wealth impacts of the Great Recession on young families. The article's first subtitle reads "Lost Generation?" but the charts show it's more like "Lost Generation!".

The study did not break down the results using names of generations. Here are the ones I used in anecdotes on the Fed research charts.

These charts caught my eye, as related to millennials, from the Fed study.

Change in Median Income

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Wealth vs. Predicted Wealth

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Change in Wealth Levels

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Conclusion

The study concludes:

"It is far too soon to know whether families headed by someone born in the 1980s will become members of a lost generation for wealth accumulation.

To be sure, there are grounds for optimism. Yet there are reasons to be very concerned about the financial outlook for many young Americans."

Odds are another recession is on the way. It will not be put off forever. Millennials who went deep into debt to buy a house will likely find themselves underwater.

The stock market is insanely overvalued.

What about education debt? Healthcare? Pensions?

Millennials who already overpay for healthcare will be under increasing pressure to pay more into the system as costs soar out of hand.

Millennials stand to get screwed on absurd pension promises made to their parents.

Inheritance

One potential saving grace is boomers will die and millennials will inherit their parents wealth. But that wealth most likely will have to be split among many siblings. And many boomers will die broke. Thus inheritance will be be very skewed. The median inheritance is likely to be a pittance.

This is what I see in the Forex the week of May 26th , 2019: USDX, EU,UJ,GU,AU

Chart Graphics are below the analysis Reminder: Monday is a USA Holiday and banks are closed Note: USDX We are Bearish. MACD is showing convergence down at this time. We are looking for a continuatio...